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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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SCHEDULE 13G
INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )(1)
Phoenix International Ltd., Inc.
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(Name of Issuer)
Common Stock, par value $.01 per share
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(Title of Class of Securities)
719078-10-7
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(CUSIP Number)
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(1) The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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Schedule 13G
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CUSIP No. 719078-10-7 13G Page 2 of 6 Pages
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<S> <C> <C>
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1 NAME OF REPORTING PERSONS BancSecurity Corporation
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) (b)
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION Iowa Corporation
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5 SOLE VOTING POWER 204,293
NUMBER OF -------------------------------------------------------------------------------------------------
SHARES 6 SHARED VOTING POWER -0-
BENEFICIALLY
OWNED BY -------------------------------------------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER 204,293
REPORTING
PERSON WITH -------------------------------------------------------------------------------------------------
8 SHARED DISPOSITIVE POWER -0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
204,293
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES
Excludes 24,778 shares beneficially owned by Ronald E. Fenton other than through his
relationship to the reporting person to which the reporting person disclaims beneficial ownership. [X]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.3%
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12 TYPE OF REPORTING PERSON*
CO
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THE INFORMATION IN THIS SCHEDULE 13G IS AS OF DECEMBER 31, 1996
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1(a). Name of Issuer:
Phoenix International Ltd., Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
900 Winderley Place, Suite 140
Maitland, FL 32751
Item 2(a). Name of Person Filing:
BancSecurity Corporation
Item 2(b). Address of Principal Business Office or, if none, Residence:
11 North First Avenue
Marshalltown, Iowa 50158
Item 2(c). Citizenship:
Iowa corporation
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share
Item 2(e). CUSIP Number:
719078-10-7
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or
13d-2(b), check whether the person filing is a:
N/A
THE INFORMATION IN THIS SCHEDULE 13G IS AS OF DECEMBER 31, 1996
Page 3 of 6 Pages
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Item 4. Ownership
(a) Amount Beneficially Owned:
204,293 shares
(b) Percent of Class
5.3%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
204,293
(ii) shared power to vote or to direct the vote:
-0-
(iii) sole power to dispose or to direct the disposition
of:
204,293
(iv) shared power to dispose or to direct the disposition
of:
-0-
Item 5. Ownership of Five Percent Or Less Of A Class:
N/A
THE INFORMATION IN THIS SCHEDULE 13G IS AS OF DECEMBER 31, 1996
Page 4 of 6 Pages
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Item 6. Ownership Of More Than Five Percent On Behalf Of Another
Person:
Dividends or proceeds from the sale of the 204,293 shares
owned by this reporting person would be distributed to the shareholders of
BancSecurity Corporation as determined by its directors. No single
BancSecurity Corporation shareholder's interest in the Common Stock of Phoenix
International Ltd., Inc. is more than five percent of the total outstanding
Common Stock.
Item 7. Identification And Classification Of The Subsidiary Which
Acquired The Security Being Reported On By The Parent Holding
Company.
N/A
Item 8. Identification And Classification Of Members Of The Group.
N/A
Item 9. Notice Of Dissolution Of Group.
N/A
Item 10. Certification.
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer of such securities
and were not acquired in connection with or as a participant in any transaction
having such purpose or effect.
THE INFORMATION IN THIS SCHEDULE 13G IS AS OF DECEMBER 31, 1996
Page 5 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: February 11, 1997
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BANCSECURITY CORPORATION
By: /s/ Ronald E. Fenton
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Title: Ronald E. Fenton, President
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THE INFORMATION IN THIS SCHEDULE 13G IS AS OF DECEMBER 31, 1996
Page 6 of 6 Pages
